Futures regulator homes in on carbon markets


Regulators are looking to introduce standards and curb manipulation in a market that has operated without federal oversight. — Reuters

LONDON: The Commodity Futures Trading Commission (CFTC) is investigating greenwashing as part of its crackdown on fraud and misconduct in the voluntary carbon markets, a commissioner at the US regulator says.

The probe into false claims about the environmental benefits of carbon credits as well as the green credentials of financial products, comes as CFTC homes in on its first set of federal guidelines for voluntary carbon credit derivatives.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit closes higher against greenback on cautious market sentiment
T7 Global subsidiary appointed panel contractor for PETRONAS
YTL inks RM200mil naming rights deal with Aviva for Bristol arena
KL High Court dismisses appeals of former Jalatama officers
Well Chip posts FY25 net profit jump to RM86.15mil
Angkasa targets 2026 revenue to reach up to RM75bil
Aeon Credit issues RM100mil five-year senior sukuk
Late bargain-hunting lifts Bursa Malaysia to end higher
Net foreign inflows into Malaysian bonds reach RM951.9mil in January - RAM Ratings
Wawasan Dengkil's 2Q net profit falls due to revision of project costs

Others Also Read